Lucid Motors is an EV startup company that also supplies batteries to the Formula E racing series. Based in Silicon Valley, it is headed up by Peter Rawlinson, the former chief engineer of the Tesla Model S. Its first model is the Air sedan; an SUV alternative called the Gravity is expected to follow.
Who is the major shareholder of Lucid?
Saudi PIF Now Controls 64.3% of Lucid Motors, SEC Filing Reveals : r/LUCID.
Who is Lucid owned by?
Shareholders: Lucid Group, Inc. NameEquities% Public Investment Fund (Investment Company) 58.42 % 1,770,888,684 58.42 % Vanguard Fiduciary Trust Co. 3.639 % 110,318,727 3.639 % BlackRock Advisors LLC 1.471 % 44,580,213 1.471 % M. Klein Co. LLC 1.056 % 32,008,936 1.056 %1 more row
Is Lucid owned by the Saudis?
But BYD dominates China, the worlds largest auto market. In 2024, BYD had a 32% share of Chinas total market for new energy vehicle sales, which includes hybrids. Tesla claimed only 6.1% of the market, despite reaching a record high in terms of shipments, ing to the China Passenger Car Association.
Is Lucid a Chinese owned company?
The Lucid stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.
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